The Associated Chambers of Commerce and Industry of India (Assocham) has stated that Maharashtra has 21 road projects worth over Rs 4,800 crore under operation in public-private partnership (PPP) mode as of August.
Uttar Pradesh has over 15 road projects (33 per cent) worth over Rs 55,000 crore under construction and Karnataka has 53 road projects (49 per cent) worth over Rs 25,000 crore under bidding, the apex industry body added.
An Assocham study — PPP in Road Sector 2012 — said there were about 115 road projects worth over Rs 21,600 crore under operation, 219 road projects worth Rs 1.65 lakh crore under construction and about 98 projects of over Rs 51,000 crore under bidding. Eight projects worth Rs 191 crore were reversed to the public and about 11 projects valued over Rs 5,200 crore in the expression of interest (EoI) stage. Three projects totalling Rs 180 crore were cancelled, it added.
With 11 road projects worth over Rs 4,400 crore, Tamil Nadu ranked second to Maharashtra (22 per cent share) in road projects that are operational, followed by Rajasthan (28 projects worth over Rs 3,400 crore), Madhya Pradesh (14 projects worth over Rs 1,800 crore) and Andhra Pradesh (seven projects worth over Rs 1,700 crore).
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